It’s time again for our monthly update to the Economic Tracker. Your Fort Collins Area Chamber, working with other economic development and business support organizations across the region, created a tool to track the economic recovery in Northern Colorado.

This valuable resource is a set of indicators that represent critical aspects of the Larimer and Weld County economies, is based on data that is accessible in a useable format and is updated frequently with little lag time. The Economic Tracker provides excellent insight into the impact of the pandemic and recession on Northern Colorado.

The most recent update to the Tracker includes the following insights from our Economic Analyst, Caroline Alexander:

• Earnings continue to rise. Average hourly earnings are almost 6% higher in Larimer County and 8% higher in Weld County than they were this time last year.
• Median home prices have come down a bit from their summer 2024 highs
• The unemployment rate has risen about a percentage point over the last year (Since Sept 2023). This translates to about 4,000 more unemployed residents in Northern Colorado.

We’ll continue to update this important data on a monthly basis to help you make thoughtful business decisions.